Fee-only adviser · Menlo Park, CA
Lyell Wealth Management LP
Lyell Wealth Management LP is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Menlo Park, California. On its latest Form ADV, filed March 27, 2026, it reports $1.6B in regulatory assets under management, 303 individual clients and 9 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 283521 · SEC file 801-107892 |
| Office | 3000 Sand Hill Road Building One, Suite 135 Menlo Park, CA 94025 |
| Phone | (650) 353-3692 |
| Website | lyellwealth.com |
| Regulatory assets under management | $1.6B |
| Individual clients | 54 non-high-net-worth, 249 high-net-worth |
| Financial planning clients | 251-500 |
| How it charges | Percentage of assets |
| Services | Financial planning, Portfolio management, Selection of other advisers, Educational seminars |
| Employees | 11 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 27, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Menlo Park
- Mezzi Not reported
- Nelson Capital Management, LLC $811M
- Sage Rhino Capital LLC $884M
- Avalon Capital Management $582M
- Roberts Wealth Advisors, LLC $446M
- Clearpath Capital Partners LLC $161M
See all 18 fee-only advisers in Menlo Park →
Nearby
- Palo Alto 18 firms
- San Carlos 1 firm
- Woodside 1 firm
- Redwood City 6 firms
- Redwood Shores 3 firms
- Los Altos 16 firms
- Mountain View 7 firms
- Foster City 6 firms
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Lyell Wealth Management LP? Update this listing.